This semi detached property would make a great investment for new and experienced investors alike. It is currently located in an ideal location within close proximity to the vibrant Sherwood with easy access into Nottingham City Centre. The property comprises of four self contained apartments that are on a rolling contract with current tenants and will achieve an approximate of 6% yield.This property has great potential!

NO CHAIN

MUST BE VIEWED

GROUND FLOOR

Entrance Hall

The entrance hall has a radiator and provides access into the accommodation

Flat 1 Living Room (4.08 x 3.73)

The living space has a feature fireplace, a TV point, a radiator and a bay window. The kitchen area has base and wall units, a stainless steel sink with taps, an integrated oven, an electric hob with an extractor fan, space for a fridge and part tiled walls

Flat 1 Bedroom (4.09 x 3.46)

The bedroom has a hand wash basin, a radiator, a window and access into the en-suite

Flat 1 En Suite (1.61 x 1.50)

The en-suite has a low level flush WC, a shower enclosure with an overhead shower and tiled walls

Flat 2 Entrance Hall

The entrance hall provides access into the accommodation

Flat 2 Bathroom (1.66 x 1.32)

The bathroom has a low level flush WC, a hand wash basin, shower enclosure with an overhead shower, tiled walls and a window

Flat 2 Living Space (3.68 x 3.27)

The living space has built in storage cupboards, a TV point, a radiator and a window

Flat 2 Kitchen (3.68 x 2.06)

The kitchen has base and wall units, a stainless steel sink with taps, an electric hob, space for a fridge, space for a washing machine, part tiled walls, a radiator, a window and a door leading to the rear garden

FIRST FLOOR

Landing

The landing has a radiator and provides access to the first floor accommodation

Flat 4 Entrance Hall

The entrance hall has space and plumbing for a washing machine and provides access into the accommodation

Flat 4 Living Space (3.73 x 3.51)

The living space has a feature fireplace, a TV point, a radiator and a window

Flat 4 Kitchen (2.40 x 1.92)

The kitchen has a range of base and wall units, a stainless steel sink with mixer taps, space for a cooker, an extractor fan, space for a fridge, part tiled walls, and a window

Flat 4 Bathroom (1.98 x 1.95)

The bathroom has a low level flush WC, a hand wash basin, a bath with an overhead shower, built in storage cupboards, tiled walls and a window

WC

This space has a low level flush WC and a window

Flat 3 Living Room (4.11 x 3.47)

The living room has a TV point, a radiator and a window

Flat 3 Ktichen (1.66 x 1.34)

The kitchen has a range of base and wall units, a stainless steel sink with taps, space for a cooker, an extractor fan, space and plumbing for a washing machine, part tiled walls and a radiator

Flat 3 Bedroom (3.33 x 2.74)

The bedroom has a hand wash basin, a window and provides access into the en-suite

Flat 3 Bathroom (1.64 x 0.80)

The bathroom has a low level flush WC, a shower enclosure with an overhead shower and tiled walls

OUTSIDE

To the front of the property is on street parking

DISCLAIMER

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

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Floorplan

Property Description

GUIDE PRICE: £280,000 - £300,000

GREAT INVESTMENT OPPORTUNITY

This semi detached property would make a great investment for new and experienced investors alike. It is currently located in an ideal location within close proximity to the vibrant Sherwood with easy access into Nottingham City Centre. The property comprises of four self contained apartments that are on a rolling contract with current tenants and will achieve an approximate of 6% yield.This property has great potential!

NO CHAIN

MUST BE VIEWED

GROUND FLOOR

Entrance Hall

The entrance hall has a radiator and provides access into the accommodation

Flat 1 Living Room (4.08 x 3.73)

The living space has a feature fireplace, a TV point, a radiator and a bay window. The kitchen area has base and wall units, a stainless steel sink with taps, an integrated oven, an electric hob with an extractor fan, space for a fridge and part tiled walls

Flat 1 Bedroom (4.09 x 3.46)

The bedroom has a hand wash basin, a radiator, a window and access into the en-suite

Flat 1 En Suite (1.61 x 1.50)

The en-suite has a low level flush WC, a shower enclosure with an overhead shower and tiled walls

Flat 2 Entrance Hall

The entrance hall provides access into the accommodation

Flat 2 Bathroom (1.66 x 1.32)

The bathroom has a low level flush WC, a hand wash basin, shower enclosure with an overhead shower, tiled walls and a window

Flat 2 Living Space (3.68 x 3.27)

The living space has built in storage cupboards, a TV point, a radiator and a window

Flat 2 Kitchen (3.68 x 2.06)

The kitchen has base and wall units, a stainless steel sink with taps, an electric hob, space for a fridge, space for a washing machine, part tiled walls, a radiator, a window and a door leading to the rear garden

FIRST FLOOR

Landing

The landing has a radiator and provides access to the first floor accommodation

Flat 4 Entrance Hall

The entrance hall has space and plumbing for a washing machine and provides access into the accommodation

Flat 4 Living Space (3.73 x 3.51)

The living space has a feature fireplace, a TV point, a radiator and a window

Flat 4 Kitchen (2.40 x 1.92)

The kitchen has a range of base and wall units, a stainless steel sink with mixer taps, space for a cooker, an extractor fan, space for a fridge, part tiled walls, and a window

Flat 4 Bathroom (1.98 x 1.95)

The bathroom has a low level flush WC, a hand wash basin, a bath with an overhead shower, built in storage cupboards, tiled walls and a window

WC

This space has a low level flush WC and a window

Flat 3 Living Room (4.11 x 3.47)

The living room has a TV point, a radiator and a window

Flat 3 Ktichen (1.66 x 1.34)

The kitchen has a range of base and wall units, a stainless steel sink with taps, space for a cooker, an extractor fan, space and plumbing for a washing machine, part tiled walls and a radiator

Flat 3 Bedroom (3.33 x 2.74)

The bedroom has a hand wash basin, a window and provides access into the en-suite

Flat 3 Bathroom (1.64 x 0.80)

The bathroom has a low level flush WC, a shower enclosure with an overhead shower and tiled walls

OUTSIDE

To the front of the property is on street parking

DISCLAIMER

Agents Disclaimer: HoldenCopley, their clients and employees 1: Are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2: Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and HoldenCopley have not tested any services, equipment or facilities. Purchasers must make further investigations and inspections before entering into any agreement.

Purchaser information -The Money Laundering, Terrorist Financing and Transfer of Funds(Information on the Payer) Regulations 2017(MLR 2017) came into force on 26 June 2017. HoldenCopley require any successful purchasers proceeding with a property to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill or bank statement. We are also required to obtain proof of funds and provide evidence of where the funds originated from. This evidence will be required prior to HoldenCopley removing a property from the market and instructing solicitors for your purchase.

SLIDESHOW

Letting Fees Information

Fees applying to all new tenancies from 1st June 2019

Rent

This will be clearly displayed on all advertising and represents the value per calendar month of a property. The agreed rent can be subject to negotiation and may increase or decrease depending on your circumstances and overall property demand. HC Lettings will confirm and agreed the rent amount with you when considering your application.

Holding deposit (per tenancy)— one week’s rent.

This is to reserve a property after you have viewed and had your application accepted by the landlord. This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right to Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Security deposit (per tenancy. Rent under £50,000 per year)

Set at a maximum of five week’s rent. This covers damages or defaults on the part of the tenant during the tenancy.

Unpaid rent

Interest at 0.75% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.

Lost key(s) or other security device(s)

Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant.

Variation of contract (tenant’s request)

£50 (inc. VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.

Change of sharer (tenant’s request)

£50 (inc. VAT) per replacement tenant. To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.

Early termination (tenant’s request)

Should the tenant wish to leave their contract early, they shall be liable to the landlord’s costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy. This is to reserve a property. Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right to-- Rent check, provide materially significant false or misleading information, or fail to sign their tenancy agreement (and/or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).

Fees applying to all pre-existing tenancies entered before 1st June 2019

We shall continue to apply the charges within the existing tenancy agreement until 31st May 2020.

BEFORE YOU MOVE IN:

Set up fee (tenant’s share) £350 (inc VAT) for up to two tenants. Single tenant £300

Referencing up to two tenants (identity, immigration and visa confirmation, financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.

Additional tenant fee £50 (inc VAT) per tenant

Processing the application, associated paperwork and referencing

Guarantor fee £50 (inc VAT) per guarantor (if required)

Covering credit referencing and preparing a Deed of Guarantee as part of the tenancy agreement

Permitted occupier fee £50 (inc VAT) per permitted occupier

Explaining to any permitted occupier their rights and responsibilities towards the named tenant(s) and landlord as well as the provision of documentary guidance and assistance during the tenancy

Pet deposit - returnable additional security deposit of £200. This is to cover the added risk of property damage. This will be protected with your security deposit in a government authorised scheme and may be returned at the end of the tenancy

Professional cleaning (if required) £20 (in VAT) per hour which will be deducted from the security deposit. This is only charged where professional cleaning is necessary to return the property to the same condition as at the start of the tenancy